Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$465,356$465,356$688,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$223,144$0
Funding fee$2,327$2,327$0
Note rate6.950%6.950%7.320%
Blended rate6.950%7.209%7.560%
1st payment$3,144.25$3,144.25$4,729.52
2nd payment$0.00$1,441.14$0.00
Taxes / mo$637.50$637.50$637.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$137.70
HOA / mo$530.00$530.00$530.00
Total monthly$4,528.42$5,969.56$6,251.38
Cash to close$299,644$76,500$76,500